About 6.07 million tonnes of rice worth US$2.94 billion was exported in the first 10 months of 2022, up 17.2% in volume and 7.4% in value year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam's food businesses will likely have more opportunities to increase exports thanks to high world demand while leading agricultural-producing countries tend to curb exports.

The Vietnam-Japan joint venture Angimex- Kitoku has unveiled its plan to expand its area of pesticide-controlled Japanese rice production next year for export to the European market.

VOV.VN - There remains bright prospects ahead for Vietnamese rice exports in the EU amid European partners continuing to place orders of up to 400,000 tonnes of rice from local exporters.

VOV.VN - India’s official ban placed on broken rice has led to a negative impact on the global rice market, resulting in the price of Vietnamese rice to increase sharply and surpass that of Thai rice, according to details given by the Vietnam Food Association (VFA).

Vietnam’s rice export is likely to surpass the target set for this year, said Chairman of the Vietnam Food Association Nguyen Ngoc Nam.

VOV.VN - With the global food price recently reaching its record high, there is a positive outlook ahead for rice exporters in Asia, including Vietnam, according to industry insiders.

The Vietnamese government has issued an agricultural restructuring policy, by which the rice structure has been strongly adjusted, changing the rice cultivation protocols and paying more attention to improving rice quality rather than increasing production.

Vietnam exported roughly 4.08 million tonnes of rice in the first seven months of 2022 to earn over US$1.99 billion, up 17.3% and 6%, respectively, against the same period last year, customs data shows.

VOV.VN - Rising global inflation in several major consumer markets such as the United States, Japan, and the EU, are putting increasing pressure on Vietnamese exporters.